MI282: The Small & Mighty Real Estate Investor w/ Chad Carson
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Importance of Reserves in Real Estate Investing
The chapter discusses the importance of having reserves and cash on hand as a real estate investor. It emphasizes the need for significant reserves to handle cash flow fluctuations in real estate investments and shares personal experiences of using reserves during economic downturns. The conversation also explores the concept of being financially anti-fragile and how having cash, relationships with lenders, and multiple sources of income can mitigate risks.
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